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Jane and Ed Rochester are married with a 2-year-old child, who lives with them and whom they support financially. In 2021, Ed and Jane realized

Jane and Ed Rochester are married with a 2-year-old child, who lives with them and whom they support financially. In 2021, Ed and Jane realized the following items of income and expense:

Ed's Salary $ 35,000

Jane's Salary 70,000

Municipal bond interest income 400

Qualified business income 1,000

Alimony paid (pre-2019 divorce decree) (7,000)

Real property tax (from AGI deduction) (10,000)

Charitable contributions (from AGI) (18,000)

They also qualified for a $3,600 child tax credit. Their employers withheld $5,800 in federal income taxes from their paychecks (in the aggregate). Finally, the 2021 standard deduction amount for MFJ taxpayers is $25,100.

What is the couple's taxable income?

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